People ask what is going wrong with the world, with new wars, extreme populist movements, climate breakdown, poverty, inequality and exclusion. There is a sense of unease, that 'things are falling apart', which is reflected both in global insecurity; a seeming failure to effectively negotiate or mediate in desperate wars (Ukraine, Sudan. Gaza) and ......
The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing ......
In The Profligate Colonial, Lisandro E. Claudio reveals how austerity, long before it became a buzzword of modern technocracy, was a tool of US empire. Austerity is often praised as prudence in hard times, a responsible response to crisis. In the Philippines today, it is treated as common sense, an unquestioned commitment to a strong currency, ......
Trade in War is an urgent, insightful study of a puzzling wartime phenomenon: states doing business with their enemies. Trade between belligerents during wartime should not occur. After all, exchanged goods might help enemies secure the upper hand on the battlefield. Yet as history shows, states rarely choose either war or trade. In fact, they ......
How Social Relations Avert Global Financial Collapse
In Bankers' Trust, Aditi Sahasrabuddhe reveals a crucial element behind the resolution of global financial crises: trust between central bank leaders. Central bank cooperation during global financial crises has been anything but consistent. While some crises are arrested with extensive cooperation, others are left to spiral. Going beyond ......
A Study of the Imperialism of Trade (Updated Edition)
How one nation can grow rich at the expense of another is one of the central problems of economics in the era of neo-colonialism. Traditional doctrine, resting on Ricardo's theory of comparative costs, which has dominated investigation of this issue for a century and a half, has proven itself incapable of providing an answer. Emmanuel's ......
A Study of the Imperialism of Trade (Updated Edition)
How one nation can grow rich at the expense of another is one of the central problems of economics in the era of neo-colonialism. Traditional doctrine, resting on Ricardo's theory of comparative costs, which has dominated investigation of this issue for a century and a half, has proven itself incapable of providing an answer. Emmanuel's ......
Economic Engagement, Experiences, and Opportunities
Contributes to the understanding of the complexities and dynamics that underlie the relationship between Africa and China, and how to make this relationship truly mutually beneficial.
Results from the 2021 International Comparison Program
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies.
